United States 12 Month Oil Fund launches on AMEX

Victoria Bay Asset Management, LLC launched its second crude-related product on AMEX today with the release of the United States 12 Month Oil Fund, LP [AMEX:USL], a commodity pool of the 12 monthly crude oil futures contracts traded on the New York Mercantile Exchange. This first of its kind product may prove to cater more to the individual investor who wants to ‘buy and hold.’ (www.ResourceInvestor.com)